right of first refusal - The Horse Forum
 
LinkBack Thread Tools
post #1 of 6 Old 03-15-2010, 01:37 AM Thread Starter
Foal
 
Join Date: Dec 2008
Posts: 23
• Horses: 0
right of first refusal

I purchased a horse with a right of first refusal in the contract. It stated that I had to send a certified letter to the previous owner and that they had 7 days to respond. No one was home when the letter arrived and it is now sitting at the post office. What if they don't pick it up? Does anyone know my responsibility then?
Thanks for any help,
Vickie
aerobicv is offline  
Sponsored Links
Advertisement
 
post #2 of 6 Old 03-15-2010, 01:13 PM
Showing
 
Join Date: Oct 2009
Location: Just south of sanity
Posts: 16,329
• Horses: 3
I'm a little confused.

Are you trying to sell the horse now, or are you trying to purchase an animal from someone who said that you have to give the previous owner first right of refusal?

If you're planning to sell the horse and decided that you'd honor the first right of refusal clause, which BTW legally you don't have to, then you've done your due diligence by sending the certified letter.

First rights of refusal aren't legally binding, even if they're in a contract. Once you've paid money for something, it becomes yours to do with as you wish. First rights of refusal notifications fall under moral obligations, not legal ones.

You're in the clear, and may proceed as planned.
Speed Racer is offline  
post #3 of 6 Old 03-15-2010, 01:18 PM
Banned
 
Join Date: Jul 2009
Location: In a land far far away, or so I wish.
Posts: 12,825
• Horses: 0
I agree with SR.
Alwaysbehind is offline  
post #4 of 6 Old 03-15-2010, 03:21 PM Thread Starter
Foal
 
Join Date: Dec 2008
Posts: 23
• Horses: 0
I am thinking of selling the horse so am honoring the right of first refusal by sending them the certified letter and giving them a chance to purchase him back. I was just wondering how obligated I was to make sure they receive the letter. Thanks for sharing that I'm not legally obligated and even though I do want to give them the chance to buy him back I don't want to have to keep pursuing them if they don't pick the letter up or don't respond.
Thank-you so much for the reply.
Vickie
aerobicv is offline  
post #5 of 6 Old 03-15-2010, 04:05 PM
Banned
 
Join Date: Jul 2009
Location: In a land far far away, or so I wish.
Posts: 12,825
• Horses: 0
I think mailing it was all your were obligated to.

I would assume since you mailed it requiring a signature notice was left at their house that the letter is waiting for them at the post office. Now it is up to them to pick it up. Nothing more you can do.
Alwaysbehind is offline  
post #6 of 6 Old 03-15-2010, 04:56 PM
Trained
 
Join Date: Dec 2009
Location: Iowa
Posts: 6,051
• Horses: 0
Why don't you also call them as a courtesy
churumbeque is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the The Horse Forum forums, you must first register.

Already have a Horse Forum account?
Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

New to the Horse Forum?
Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.



User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Old Thread Warning
This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Refusal or Pain? in Canter ShebaGurl Horse Tack and Equipment 10 05-28-2009 01:53 AM
Refusal to go past certain places/objects 3neighs Horse Training 14 08-30-2008 11:00 PM
Refusal labell Horse Training 4 08-15-2007 11:31 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome